TEHRAN – Iran’s Trade Promotion Organization (TPO) has signed a memorandum of understanding with the Islamic Republic of Iran Shipping Lines (IRISL) for cooperation in launching shipping lines from the country’s northern ports on the Caspian Sea coasts to Russia and Kazakhstan. Based on the MOU, in the first phase six lines will be launched […]

TEHRAN – Head of the National Iranian Gas Company (NIGC) Dispatching Department has said the company has managed to store four billion cubic meters of natural gas in the country’s Sarajeh and Shourijeh storages to be fully prepared for sustainable gas supply during the cold season. According to Mohammadreza Jolaei, NIGC has made the necessary […]

TEHRAN – The head of Iran’s Planning and Budget Organization (PBO) has said the national budget bill for the next Iranian calendar year (starts in March 2022) has been prepared in a way that it will not face any deficits, IRIB reported. According to Masoud Mirkazemi, the circular of the bill has been finalized and […]

TEHRAN – The Islamic Republic of Iran Customs Administration (IRICA) is offering new facilities for the importers of basic goods in order to facilitate the clearance of such goods from the country’s customs, IRIB reported. According to IRICA Deputy Head Mehrdad Jamal Orounaqi, from now on, payment of import duties on basic goods will be […]

TEHRAN – Iranian Oil Minister Javad Oji has said the country is ready to resolve the global energy crisis provided that the oppressive U.S. sanctions are lifted. “The Islamic Republic has shown several times its goodwill to help stabilize the oil market and resolve the global energy crisis, but the oppressive U.S. sanctions hinder us […]

TEHRAN –Heads of Iran’s chambers of commerce and some of the country’s exporters held a meeting with the country’s Industry, Mining, and Trade Minister Seyyed Reza Fatemi Amin on Saturday to discuss major issues in the way of export development, IRIB reported. The meeting was also attended by the Head of the country’s Trade Promotion […]

TEHRAN – Iran’s export to Uzbekistan has risen 370 percent during the first five months of the current Iranian calendar year (March 21-August 22), as compared to the same period of time in the past year, the portal of Iran’s Trade Promotion Organization (TPO) reported. Uzbekistan was Iran’s second export destination after the Russian Federation […]

TEHRAN – Iranian National Tax Administration (INTA) managed to collect 1.38 quadrillion rials (about $32.85 billion) of tax revenues during the first six months of the current Iranian calendar year (March 21-August 22), to register a 62 percent rise compared to the previous year’s same period, an official with the mentioned administration told ISNA. According […]

TEHRAN- The value of Iran’s exports from the mining sector stood at $5.088 billion in the first five months of the current Iranian calendar year (March 21-August 22), registering a 126 percent increase compared to the figure for the same five months in the previous year. Based on the official data, Iran exported 21.978 million […]

TEHRAN- The 26th meeting of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Board of Representatives was held on Tuesday in which major economic issues were discussed. As reported by the TCCIMA portal, barriers to the activity of startups, the benefits of joining the Shanghai Cooperation Organization, review of macroeconomic indicators of the […]

TEHRAN – Head of Tehran Fruit and Vegetable Traders Union has said his union is planning to export over two million tons of fruits in the current Iranian calendar year (ends in March 2022), ILNA reported. “This year, our total production will be 4.5 million tons, of which 2.5 million tons will be consumed domestically, […]

TEHRAN – Smuggled goods worth 2 trillion rials (nearly $47.5 million at the official rate of 42,000 rials) have been seized across the country over the past week, through the ninth phase of a nationwide plan to fight against smuggling. Under the plan, police detectives identified the location of the depot through round-the-clock efforts and […]